Calamos to Acquire Pearl Impact

September 3, 2021

On August 25, 2021, Calamos Investments LLC announced that it will acquire Pearl Impact Capital, LLC.

Under the terms of the transaction, Calamos Investments LLC (“Calamos”) will acquire Pearl Impact Capital, LLC (“PIC”), which will expand Calamos’s sustainable investing capabilities. Anthony (Tony) Tursich and James (Jim) Madden will join Calamos. Further terms of the deal were not disclosed.

Calamos, based in Chicago, Illinois, is a global investment firm that provides many investment strategies including alternatives, multi-asset, convertible, fixed income and equity. Calamos manages approximately $40 billion in assets.

PIC, based in Portland, Oregon, is an investment management firm specializing in institutional quality, sustainable ESG strategies. PIC has approximately $120 million in assets under management. Nesvold Capital Partners, LLC acted as financial advisor to PIC on the transaction.

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions